Insured losses from Barry close to $300M: KCC

Source: Business Insurance

Matthew Lerner July 16, 2019 Insured losses from Hurricane Barry will be close to $300 million, catastrophe modeler Karen Clark & Co. said in a statement Tuesday. The initial estimate includes privately insured wind and storm surge damage to residential, commercial and industrial properties and automobiles but does not include losses sustained by the National Flood Insurance Program, the statement said.